South Africa: Detailed Assessment of Implementation on IOSCO Principles-Securities Markets

December 8, 2010

Preview Citation

Format: Chicago

South Africa: Detailed Assessment of Implementation on IOSCO Principles-Securities Markets, (USA: International Monetary Fund, 2010) accessed November 21, 2024

Summary

South Africa has made substantial progress in addressing the recommendations of the Financial Sector Assessment Program and is continuing to build upon these accomplishments. The Financial Services Board and Department of Trade and Industry both are organizations with the legal authority to regulate and supervise these steps. The South African system of financial services regulation is complex, involving multiple government agencies, several advisory or oversight committees, and several self-regulatory organizations. While all areas of responsibility appear to be covered, there may be gaps in the implementation of duties.

Subject: Financial institutions, Financial markets, Financial services, Hedge funds, Over-the-counter markets, Securities, Stocks

Keywords: Africa, Beneficial owner, Companies tribunal, CR, Derivative instrument, Disciplinary action, Equity trading, FSB staff, Global, Hedge funds, Initial offering, Insider trading, ISCR, JSE market surveillance program, Margin requirement, Over-the-counter markets, Securities, Stock futures, Stocks, Subsidiary company

Publication Details

Pages:

55
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/355
Stock No:

1ZAFEA2010006
ISBN:

9781455212743
ISSN:

1934-7685

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